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Replies to #194672 on CASH COW

PieSky

08/23/07 3:28 PM

#194676 RE: odiaz28 #194672

Investopedia... lol

BID WHACKER!!

A slang term for a RODENT who sells shares at or below the bid price. This is considered outside the norm, as sellers normally settle for a price between the bid and ask quotes.

The RODENT is said to "whack the bid down", since selling at or below the bid will usually lower future bids. Bid whacking usually perturbs other sellers, since it may temporarily drive down the market price of a security.